Pragya Commerce Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
TECHNOE · price
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Awaiting price reaction for this filing.
Pragya Commerce Private Limited, a shareholder of Techno Electric & Engineering Company Limited, has filed an annual disclosure under Regulation 31(4) of the SEBI Takeover Regulations for FY ending March 31, 2025. The entity confirms it held 14,35,506 shares of Techno Electric as on March 31, 2025. Importantly, Pragya Commerce has declared that it has not created any encumbrance (such as pledging or charging) on these shares, directly or indirectly, during the financial year. This is a routine yearly compliance filing required from significant shareholders.
This is a routine compliance filing with no material change in ownership or encumbrance status. The confirmation that no shares were pledged is mildly positive for shareholders, as it signals the promoter group entity's holdings remain unencumbered. No impact on stock price is expected.